Globalization and household saving: is there a link?

Chen, Xiaofen

doi:10.1080/00036846.2016.1248355

Cited by 4 publications

(2 citation statements)

References 28 publications

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“…The positive effect of natural resources on sustainable development is supported by Phimphanthavong (2014) who opines that preserving natural resources would contribute to sustainable development, whereas studies such as Koirala and Pradhan (2020) and Pardi et al (2015) find a negative relationship between natural resources rents and sustainable development. In the same spirit, globalization's impact negates the fact that globalization has a negative effect on sustainable development according to Chen (2017) and Twerefou et al (2017). Tourism is impacted less by natural resources and more by globalization.…”

Section: Resultsmentioning

confidence: 98%

Analysis of tourism and sustainable development in MENA economies

2023

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The existing studies suggest that the tourism sector may fast track the achievement of sustainable development due to its ability to guarantee the renewability of natural resources and the preservation of the ecosystem. Scholars also opine that tourist activities involve transportation that utilizes fossil fuels and non‐renewable energy sources. This implies that tourism may contribute to environmental degradation and slow down the achievement of the sustainable development agenda. In this paper, we contribute to this debate by examining the dynamic relationship between tourism and sustainable development in the case of the MENA region. Employing panel vector autoregressive based on the generalized method of moments framework (GMM‐PVAR) on data spanning from 1995 to 2019, we document that there is a positive and dynamic relationship between tourism and sustainable development in the MENA region. Further analysis shows that there is a bi‐causal relationship between the two variables; implying that they have a powerful prediction content of each other. The study recommends that effort should be made to develop pertinent policies to promote ecotourism in the region.

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Section: Resultsmentioning

confidence: 98%

Analysis of tourism and sustainable development in MENA economies

2023

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“…The reasons for the diversity in the EU countries' economies are attributed to cultural and language factors [27,30]. Chen [14] also adds that cultural factors are subject to change due to globalisation. He argues that the development of tourism and migration for jobs brings about changes in the values and principles that consumers follow.…”

Section: Introductionmentioning

confidence: 99%

Heterogeneity of government social spending in European Union countries

Korzeniowska

2021

Futur Bus J

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Social expenditure plays an important role in European Union (EU) countries. It improves the lives of citizens whose welfare is endangered due to poverty or illness. However, social expenditure represents a considerable share of the budgets of EU member states. Despite evident similarities in their levels of development, EU countries show apparent differences in social expenditure levels. Therefore, this work aims to determine the similarities and differences between EU countries in this regard. The analysis uses clustering methods, such as hierarchical cluster analysis and the k-means, to divide countries into homogeneous groups. The research demonstrates significant differences between EU countries in the years 2008–2018, which resulted in a low number of objects (countries) in the identified groups. In the case of 6 out of 28 countries, it was not possible to assign them to any group. The research proves that EU countries should take more care when organising their social policy, taking into consideration cultural and social factors.

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The moderating role of financial development in the globalization-sustainable development nexus in some selected African Countries

Osinubi

2022

Econ Change Restruct

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Globalization and household saving: is there a link?

Cited by 4 publications

References 28 publications

Analysis of tourism and sustainable development in MENA economies

Analysis of tourism and sustainable development in MENA economies

Heterogeneity of government social spending in European Union countries

The moderating role of financial development in the globalization-sustainable development nexus in some selected African Countries

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